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Advanced Petrochemical Company (2330) Fair Value & Analysis

Basic Materials · SA · Market cap 5.7B SAR

AP Advanced Petrochemical Company 2330 · SR
Price22.00 SAR
Fair Value25.61 SAR
Upside+16.4%
Quality41/100
Expensive Growth
Thin margins · 0.1% net margin
High debt · negative free cash flow
Trails peers (2/9)
Narrow moat 17/100
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Evidence: High Range 19.21 SAR – 32.02 SAR Share as image

Fair value as of: Jul 31, 2026

From 16 valuation models · updated today

Share price −7.3% over the past month.

Price vs Fair Value (12 months)

38.36 SAR 22.00 SAR Fair Value 25.61 SAR Aug 2025 Jul 2026

12‑month range 22.00 SAR – 38.36 SAR · fair‑value band 19.21 SAR – 32.02 SAR · the 22.00 SAR price screens below the 25.61 SAR fair value. As of Jul 31, 2026.

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Analysis

Advanced Petrochemical Company (2330) currently trades at 22.00 SAR, while our model-based Fair Value estimate is 25.61 SAR, implying the stock looks roughly 16.4% undervalued today. We read business quality at 41/100 (below-average quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Advanced Petrochemical Company generated revenue of 4.1B SAR at a net margin of 0.1%. Revenue grew 18.5% year over year. It earns a return on equity of 0.1%. Net debt stands at 9.3B SAR. Fundamentals as of Jul 31, 2026

Our scenario range runs from 19.21 SAR (bear case) to 32.02 SAR (bull case); at 22.00 SAR, the current price sits within that range. The share trades about 43% below its 52-week high and 2% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -56% fair-value upside, at 16%, 2330 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 4.1B SAR
Revenue growth (YoY) +18.5%
Net margin 0.1%
Return on equity 0.1%
Free cash flow −1.1B SAR FY2025
P/E ratio 30.8
More key figures
Operating margin 2.1%
EPS (TTM) 0.7200 SAR
EPS growth (YoY) -58.3%
Net debt 9.3B SAR FY2025

Figures from reported company fundamentals · as of Jul 31, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 41/100
Profitability 23
Quality Growth 94
Cashflow 41
Fin. Strength 25
Investment 33
Low Volatility 80
Momentum 17
52W Momentum 3
Net Issuance 87

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Advanced Petrochemical Company, together with its subsidiaries, engages in the production and sale of propylene, polypropylene, isopropyl alcohol, polysilicon, and polysilicon downstream products in the Kingdom of Saudi Arabia and internationally.

Full company description

Advanced Petrochemical Company, together with its subsidiaries, engages in the production and sale of propylene, polypropylene, isopropyl alcohol, polysilicon, and polysilicon downstream products in the Kingdom of Saudi Arabia and internationally. The company also provides photovoltaic cells and photovoltaic; homopolymers; high crystalline polypropylene resins; random copolymers; and block copolymers. It is also involved in establishing, operating, and investing in industrial projects, including petrochemical, chemical, and basic and conversion industries, as well as industries relating to renewable energy. Advanced Petrochemical Company was incorporated in 2005 and is based in Jubail, the Kingdom of Saudi Arabia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Advanced Petrochemical Company reported revenue of 3.5B SAR in FY2025 versus 3.1B SAR in FY2021, a compound +3.0%/yr. Reported net income was 226M SAR in FY2025, compounding −27.4%/yr from FY2021.

Revenue +3.0%/yr
FY21 3.1B SAR
FY22 2.9B SAR
FY23 2.4B SAR
FY24 2.2B SAR
FY25 3.5B SAR
Net income −27.4%/yr
FY21 815M SAR
FY22 295M SAR
FY23 171M SAR
FY24 −259M SAR
FY25 226M SAR

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Cite: Fair Value Calculator (2026). "Advanced Petrochemical Company Fair Value". https://www.fairvalue-calculator.com/stock/2330.SR

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 55 / 0
FUTURE 93 / 24
PAST 0 / 19
HEALTH 0 / 93
DIVIDEND 0 / 26

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Chemicals stocks, each showing price versus our Fair Value estimate (as of Jul 31, 2026).

Stock Price Fair Value vs Fair Value
Linde plc LIN €448.00 €191.66 -57%
BASF SE BASN 1,034 MXN 23.76 MXN -98%
Saudi Basic Industries Corporation 2010 49.60 SAR 18.13 SAR -63%
Ningxia Baofeng Energy Group 600989 ¥21.72 ¥42.42 +95%
Dow Inc D1OW34 R$37.96 R$5.85 -85%
Zhejiang Juhua Co 600160 ¥39.27 ¥17.39 -56%
Rongsheng Petrochemical Co 002493 ¥11.15 ¥3.01 -73%
PT Barito Pacific Tbk, BRPT 1,760 IDR 1,596 IDR -9%
LG Chem, Ltd 051910 349,000 KRW 976,002 KRW +180%
Formosa Chemicals & Fibre Corporation 1326 46.25 TWD 22.15 TWD -52%

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Frequently asked questions

Is Advanced Petrochemical Company (2330) overvalued or undervalued?
As of Jul 31, 2026, our model estimates a fair value of 25.61 SAR versus a price of 22.00 SAR, about +16% (undervalued).
What is the fair value of 2330?
Our model-based fair value for Advanced Petrochemical Company is 25.61 SAR (as of Jul 31, 2026), built from audited fundamentals. The current price is 22.00 SAR.
What is the quality score of 2330?
Advanced Petrochemical Company has a Quality Score of 41/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Advanced Petrochemical Company (2330)?
Advanced Petrochemical Company reported trailing-twelve-month revenue of about 4.1B SAR (latest available figure, as of Jul 31, 2026).
What is the net profit margin of 2330?
The net profit margin of Advanced Petrochemical Company is about 0.1%, meaning it keeps roughly 0.1% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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